Renewables investor and developer Econergy has secured more than €200 million (US$227 million) through two joint ventures (JVs) to support the construction of part of its project pipeline in Eastern Europe.
A banking consortium has signed a PLN864 million (€189 million/US$215 million) agreement to finance Polish developer R.Power Group’s 299MW portfolio of solar PV projects in Poland.
Poland has allocated approximately 870MW of solar PV capacity in its latest round of renewables auctions that took place earlier this month, according to the country’s Energy Regulatory Office (URE).
Polish solar developer R.Power Group has signed contracts with infrastructure firms Nomad Electric and Onde for the construction of 135 solar PV plants in Poland with a combined capacity of 400MW
Solar developer ReneSola Power reported Q3 revenue below its guidance due to delayed PV project sales but said its pipeline is growing faster than previously expected.
Enefit Green, the renewables subsidiary of Estonian state-owned utility Eesti Energia, is looking to procure up to 500MW of solar modules in the next three years.
The European Commission (EC) has approved the extension of Poland’s auction scheme for renewable resources that is predicted to support the creation of 9GW of renewables after it passed EU state aid rules
